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Ramp Celebrates Major Revenue Achievement

Ramp, a prominent financial operations platform, recently announced a significant milestone in its journey, surpassing $1 billion in annualized revenue. This accomplishment comes just five years after the company launched its first corporate card product, illustrating its rapid growth and innovative approach within the financial technology sector.

Transformative Impact on Businesses

Since its inception, Ramp has focused on providing substantial value to its customers. Eric Glyman, Ramp's co-founder and CEO, expressed that the company’s success isn't solely about the revenue figures but rather about the genuine impact it has on clients. He stated, "$1 billion in revenue is not the story; it's a byproduct of the value we bring for our customers." This philosophy highlights Ramp's commitment to redefining financial operations by reducing inefficiencies and costs that businesses often accept as the status quo.

Ramp has successfully helped its 45,000 customers save over $10 billion and 27.5 million hours combined through its suite of products. These products include corporate cards, expense management, bill payments, procurement, travel booking, and treasury management, which are all designed to make financial processes more efficient and user-friendly.

AI-Powered Solutions

In a significant move, Ramp has begun integrating AI agents into its offerings, enabling businesses to benefit from automated insights and controls. This innovative technology is a game-changer for companies that seek to streamline their operations and reduce operational costs. For instance, a global industrial manufacturer utilized Ramp’s advanced controls to block unapproved spending, successfully saving over $4 million from out-of-policy transactions.

Similarly, a major U.S. educational provider reduced its approval cycles from one month to one week, while a leading social media network cut down manager workloads by more than 90% using Ramp’s AI-driven solutions. These compelling results highlight how Ramp effectively manages financial tasks, ultimately assisting companies in achieving greater operational efficiency.

Continuing Growth Journey

Driven by an aspiration to streamline financial operations, Ramp remains focused on delivering exceptional value to its clientele. The company has seen a robust year-over-year growth, with a 120% increase in its enterprise customer base, reaching over 1,700 clients who contribute $100,000 or more in annualized revenue. Its treasury services, launched in January 2025, now manage over $1.5 billion in assets, further demonstrating Ramp's growing influence in the financial technology landscape.

Additionally, Ramp has enabled $100 billion in annualized purchase volume through its services, showcasing a thriving ecosystem that supports both small businesses and established enterprises alike. As CEO Glyman noted, the mission to save businesses time and money is ongoing; “Our responsibility is to save them more time and money today than we did yesterday.”

Conclusion

Ramp stands out in the financial technology industry with its commitment to customer value, efficiency, and innovation. The recent achievement of exceeding $1 billion in annualized revenue is merely a benchmark in its broader vision. As they continue to integrate advanced technologies and expand their offerings, Ramp is well on its way to redefining how businesses manage their financial operations in today's fast-paced economy. For more details and to explore how Ramp can benefit your organization, visit www.ramp.com.